According to The Kobeissi Letter, Nasdaq 100 futures have dropped by 250 points following the US government's decision to ban the sale of Nvidia's H20 chips to China. This move has significant implications for tech stocks, particularly within the semiconductor sector, impacting short-term trading strategies as investors react to heightened geopolitical tensions and potential supply chain disruptions.

According to Crypto Rover, China has suspended exports of certain rare earth minerals to the United States. This action could significantly impact the cryptocurrency mining industry, as these minerals are critical for manufacturing mining equipment. The move may lead to increased costs and delays in the production of mining hardware, affecting miners' operational efficiency and potentially influencing crypto market dynamics. Traders should monitor the impact on mining companies' stock prices and the broader supply chain disruptions.